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  • #23,961
  • Dec 9, 2023 6:31am Dec 9, 2023 6:31am
Monday gap down 1997. And moves up to 2011.41
  • #23,962
  • Dec 9, 2023 8:12am Dec 9, 2023 8:12am
coming week 3 Central Bank decisions, so expecting interesting moves
  • #23,963
  • Dec 9, 2023 9:10am Dec 9, 2023 9:10am
Quoting Kaabakas
{quote} Lol. Its demo. But nice
It's all about timing!!!
  • #23,964
  • Edited 10:44pm Dec 9, 2023 12:01pm | Edited 10:44pm
OK gold bugs. This might interest you. Gold Sovereigns are a world recognised gold coin. Now a 1957 Gold sovereign sold for £463 on ebay this week. Big deal right ? Maybe, however if this was correlated by weight to a spot gold price we're looking at $2259. You see the price of gold is not entirely governed by the futures market.
  • #23,965
  • Dec 9, 2023 12:53pm Dec 9, 2023 12:53pm
Quoting Chancy
OK gold bugs. This might interest you. Gold Sovereigns are a world recognised gold coin. Now a 1957 Gold sovereign sold for £463 on ebay this week. Big deal right ? Maybe, however if this was correlated by weight to a spot gold price we're looking at $2259. You see the price of gold is not entirely governed by the futures market. There is a "reality aspect " connected to gold as well. The world of paper money wants you to trust it. When life on the planet becomes turbulent and human beings treat each other quite appallingly for people like me it's...
Everything OK there bud? DMs open if you wanna talk
  • #23,966
  • Dec 9, 2023 1:09pm Dec 9, 2023 1:09pm
Quoting muazma
next week target 1800$ what you think about it guys am I right/ wrong
We may even close the week above 2000. Anything can happen. CPI data will be very important.
  • #23,967
  • Dec 9, 2023 10:31pm Dec 9, 2023 10:31pm
Quoting Eren10
{quote} We may even close the week above 2000. Anything can happen. CPI data will be very important.
I agree, if CPI comes in lower gold could go up again, as well as after the FOMC meeting/rate hold decision. We also still ended the week above 2000 and bounced off 200-MA on the 4H. News had its impact and will be "old".

What I would like to know is how anyone can tell whether gold will gap up or down when the market reopens? Is it cos of the bad Chinese data of yesterday?
"Who Dares Wins"
  • #23,968
  • Dec 10, 2023 2:24am Dec 10, 2023 2:24am
For BTC lovers, let's focus for intraday.
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Look right, we'll see the signs
  • #23,969
  • Dec 10, 2023 2:30am Dec 10, 2023 2:30am
Quoting Ravenfeeder
{quote} I agree, if CPI comes in lower gold could go up again, as well as after the FOMC meeting/rate hold decision. We also still ended the week above 2000 and bounced off 200-MA on the 4H. News had its impact and will be "old". What I would like to know is how anyone can tell whether gold will gap up or down when the market reopens? Is it cos of the bad Chinese data of yesterday?
Chinese data yes.

Im expecting price to grab liquidity down before moving into 2000s, 2017 should hold tomorrow with no data as well price should be ranging between 1995-2017 until data day on Tuesday.
  • #23,970
  • Dec 10, 2023 4:34am Dec 10, 2023 4:34am
Quoting Ravenfeeder
{quote} What I would like to know is how anyone can tell whether gold will gap up or down when the market reopens? Is it cos of the bad Chinese data of yesterday?
Unless there is some major event we can’t know it I think. Sometimes they go for sl’s.
Previous opening was crazy, maybe they were then trying to let others close their trades at loss
  • #23,971
  • Dec 10, 2023 12:37pm Dec 10, 2023 12:37pm
Quoting Kaabakas
{quote} Lol. Its demo. But nice
what shows it is demo?
  • #23,972
  • Dec 10, 2023 1:10pm Dec 10, 2023 1:10pm
Will they do some crazy moves like previous week right from the start . If they panic maybe they could start selling
  • #23,973
  • Dec 10, 2023 1:14pm Dec 10, 2023 1:14pm
Hello Hello, we all know we are bearish now but before to continue the waterfall the price could potentially retrace higher(retracement phase).
First focus is to find a sell opportunity, but to see a up move i would like to see a liquidity grab to the down side tonight, if the market allow me i will find a setup to target these specifics zone(2027 or 2041).

Edit : be carefull of the CPI PPI or any news this week.

But i will see tommorow if i need to adapt my analysis.

Be safe, good trading guys.
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  • #23,974
  • Dec 10, 2023 1:17pm Dec 10, 2023 1:17pm
Trade session by session guys, loads of big different data this week + Christmas and nye (year end) profit taking, the next two weeks will have huge moves and lots of volume so trade safe.
  • #23,975
  • Dec 10, 2023 4:42pm Dec 10, 2023 4:42pm
Hello again buddies!
I hope you all enjoyed the weekend.
Do anybody know a good book which can be helpful in development of Trading Psychology?
Secret to the Price Action is Liquidity.
  • #23,976
  • Dec 10, 2023 5:21pm Dec 10, 2023 5:21pm
Took a short SELL, starting week with profit.
Marked consolidation area 2007 to 2003. If candle closes below 2003, I am entering a sell position with TP 1987 area.
Patience is the key.
Secret to the Price Action is Liquidity.
  • #23,977
  • Dec 10, 2023 7:57pm Dec 10, 2023 7:57pm
Quoting vankiepsauff
i'm short 2005.90 20 lots
closed at 1995.90
vankiepsauff@gmail
  • #23,978
  • Dec 10, 2023 8:15pm Dec 10, 2023 8:15pm
Quoting iusman23
Hello again buddies! I hope you all enjoyed the weekend. Do anybody know a good book which can be helpful in development of Trading Psychology?
https://a.co/d/b9zUFfg
What you can't do is what you don't try.
  • #23,979
  • Dec 10, 2023 8:52pm Dec 10, 2023 8:52pm
Quoting lhmarengo
{quote} https://a.co/d/b9zUFfg
I ordered this book. Waiting for its delivery which was scheduled today.
I hope this helps with my psychology, my analysis are accurate but I need to work with my psychology.
Secret to the Price Action is Liquidity.
  • #23,980
  • Dec 10, 2023 8:55pm Dec 10, 2023 8:55pm
rich dad poor dad, think and grow rich is also good
Be Calm In Every Situation
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